NEW YORK, NY / ACCESSWIRE / June 5, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Wins Finance Holdings Inc. ("Wins" or the "Company") (NASDAQ: WINS) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased Wins securities between October 29, 2015 and March 29, 2017, both dates inclusive (the "Class Period"). Such investors are advised to join this case by visiting the firm's site: http://www.bgandg.com/wins.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements about its projected earnings, valuation, and future business operations, which falsely manipulated its securities prices. Specifically, the complaint alleges that Wins falsely stated it maintained a U.S. headquarters to gain inclusion on the Russell indices when it truth its headquarters are in China, among other market manipulations during the Class Period.
On March 30, 2017, SeekingAlpha.com reported that the U.S. Securities and Exchange Commission is actively investigating Wins Finance for alleged "market manipulation."
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: http://www.bgandg.com/wins, or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Wins, you have until June 5, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
SOURCE: Bronstein, Gewirtz & Grossman, LLC